TCS leases 17.5 lakh sq ft office space for ₹975 cr in B'luru
TCS has leased 17.5 lakh sq ft of commercial office space in Bengaluru for ₹975 crore over a five-year period, real estate analytics firm Propstack reported. It will pay ₹15.37 crore rent/month at a rate of ₹87.7 per sq ft, and has deposited ₹25 crore as security. The agreement includes a 14% rental escalation every three years.